Bitcoin Price Prediction for the Week: Will BTC Reclaim $80K or Dump Toward $70K?

After buyers lost the $80,000 level, Bitcoin dropped to around $77,700 and entered a $75,000–$78,000 range that the daily chart identifies as a demand zone which had supported September’s advance. A 4-hour chart showed a break below $79,800 to $76,300, followed by consolidation near $77,300, with a $74,900–$76,300 range described as the next immediate defense. On-chain data placed Bitcoin near the average cost basis of coins held for one to three months, about $76,000–$76,500, leaving those recent buyers close to breakeven. The average cost basis for coins held six to 12 months was roughly $84,000–$85,000 and remained above the spot price.